Crypto “Digital” Investments (Digital Assets)

Cryptocurrency, or “crypto,” is any kind of decentralized digital currency. Cryptocurrencies are based on cryptography, or advanced mathematical algorithms that are very difficult to crack. Cryptography is probably used a lot in your everyday life already – your phone and computer use it to keep your passwords secret and your data private. Unlike traditional currencies, like the US Dollar, crypto is not issued or controlled by a central government or bank. Instead, crypto is managed by massive, free-to-join networks of computers. These computers maintain a shared ledger of all transactions on the network called a “blockchain.” The computers earn rewards in exchange for confirming that new transactions are valid. A majority of computers in the network need to agree when a new coin is produced or a new transaction is completed. Thus, the more computers that join the network, the more secure it is. Most cryptocurrencies are finite in quantity, which is why some people view them as a hedge against inflation. Cryptocurrency transactions are irreversible and permanent, recorded on a public blockchain.
Because cryptocurrency is transacted on a public ledger (or the blockchain) and the network of computers to create new crypto is free to join, anyone can easily participate in cryptocurrency. As long as someone has access to the internet they can get involved with crypto, regardless of location, government, or credit score. This makes the ecosystem more fair, equitable, transparent, and global.

$6.00, which is lower than most crypto apps.

A blockchain is a public ledger of transactions that is maintained and verified by a decentralized, peer-to-peer network of computers. The computers work together to confirm that new transactions are valid through different types of “consensus mechanisms” (ways of coming to agreement that a transaction is valid) that vary based on the particular blockchain. Each computer in a blockchain network maintains its own copy of the shared record, making it essentially impossible for a single computer to alter any past transactions or for malicious actors to overwhelm the network. Truly decentralized blockchains do not rely on centralized authorities or intermediaries to transact globally, securely, verifiably and quickly, making technology like cryptocurrency possible. Once a new coin is generated, it can be exchanged in the online community just like cash. The blockchain is validated by the community to record every transaction ever made with the currency. By sharing that information openly, people can agree on what amount of currency was sent or received. Data on the blockchain is stored in one long public ledger. The details of each transaction are added to the newest block. When the block reaches a designated amount of data, it is complete. It is then given a unique code, called a hash. This is part of what makes cryptocurrency and blockchain so secure. As every transaction relies on an algorithm that relies on past transactions, the system just gets even more secure and difficult to break as time goes on.

Account takeover mitigation. InvestiFi does not allow users to send crypto off platform, to mitigate risk from account takeovers. This gives crypto skeptics a trusted place to invest.  This Closed-Looped Blockchain is for Buy/Sell/Hold ONLY- No Transfers from/to other apps allowed.

A digital asset is anything that is stored digitally, is uniquely identifiable and can be used to store value. Cryptocurrency is one form of digital asset, but there are others as well.

They were originally intended to be used as a store of value, unit of account, or medium of payment between people for products and services purchased. As cryptocurrencies have evolved and new cryptocurrencies have been created the purposes/use cases have evolved as well, and different cryptocurrencies have different use cases/purposes. Some cryptocurrencies (such as Ethereum, Cardano, and Solana) even serve as innovation platforms which others can build new applications on.

Most cryptocurrency relies on innovations in computer science, such as digital signatures and cryptographic hashing, and combines them in a unique manner that is reinforced by economic incentives. Digital signatures provide strong control of assets, while cryptographic hashing and the economic incentives of mining or staking assure that no one entity controls the network and that transactions between users are valid.

Dedicated CU wallets • InvestiFi has dedicated crypto wallets for FI clients • Your member’s crypto will not be comingled with others outside the InvestiFi ecosystem

Yes, like any investment product your cryptocurrency may lose (or gain) in value over time. Cryptocurrencies are volatile and unpredictable, meaning their prices can go up and down quickly and without warning.
There are many factors that can affect the value of a cryptocurrency, such as supply and demand, regulation, hacking, competition, innovation, and market sentiment. You should only invest in cryptocurrencies if you are aware of the risks and willing to accept the potential losses.

Cryptocurrency markets are open 24/7/365, and prices change by the second. Depending on how long you took to confirm the trade, the price may have changed slightly based on the latest market prices.

The coins available to purchase are visible to you in the It’sMe247 online banking and in OcalaCCU App. Ocala Community Credit Union decides which coins to offer and there will be communication when there are changes to the coins that are offered.

No. Because trades are near instantaneous and are irreversible, trades cannot be refunded. For more information please review the Terms and Conditions.

Digital Assets are not insured by the National Credit Union Share Insurance Fund (NCUSIF), the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).

When you created your account, we completed what’s called the KYC (Know Your Customer) process of verifying your identity and personal information. If you’ve done this and agreed to our terms and conditions, you are all set! You don’t have to do things like upload your ID, take a picture of yourself, or do other things that other platforms make you do. We already know who you are and trust you!

Your cryptocurrencies will not earn interest like a regular savings account.

Statements are generated by the qualified custodian and will be available for download in the (Self-Directed) Investment Portal. The statements will summarize account activity and are chronicled monthly. Statements will not be emailed directly to users. Statements will be available for 12 months at minimum. If you need to request a statement, please contact us.

There is a $0.20 minimum fee per trade, with a fee range of 0.20-1.65% per trade depending on the size of the transaction. You will be shown the amount of the trading fee before you confirm the trade. The complete fee structure is as follows:

Minimum trade amount = $6.00
Maximum single transaction buy/sell order amount = $200,000.00 There are currently no daily, weekly or monthly buy limits.

Dollar Amount Transaction Fee
• $0.20 minimum transaction fee
• $6.00 – $500.00: 0.20%
• $500.01 – $1,000.00: 1.00%
• $1,000.01- $5,000.00: 1.65%
• $5,000.01 – $10,000: 1.39%
• $10,000.01+: .99%

Digital assets (cryptocurrencies) are made available and held in a digital wallet maintained by SAFE, Inc, a Wyoming trust company, not the credit union. SAFE is a separate entity from, and not an affiliate of Ocala Community Credit Union. Digital assets: are not federally insured; are not obligations of OCCU; are not guaranteed by OCCU; are or may be heavily speculative and volatile; may have associated fees; may not allow member recourse; and are being offered by a third party. Ocala Community Credit Union may receive compensation from your purchase of digital assets. Digital assets (i.e. cryptocurrencies) held in your digital asset account (i.e. Crypto account) are not federally insured by any government entities, including, but not limited to, NCUA. The digital assets offered may be heavily speculative and volatile; involve investment risk; may have associated fees; may not allow member recourse; and are being offered by a third party. Your digital account does not support wallet-to-wallet transferring of your digital assets (i.e. Cryptocurrencies). You should carefully consider whether buying or holding digital assets is suitable for you in light of your financial condition. Digital assets are not obligations of Ocala Community Credit Union and are not guaranteed by Ocala Community Credit Union. For additional terms and conditions governing your digital asset account, please refer to our Crypto Terms and Conditions. If you do not want the Cryptocurrency platform to appear in your OCCU Consumer Online Banking (It’sMe247) or OcalaCCU App, please come in to opt-out (Until we get the form on website).

Effective Date: September 04, 2025

If you no longer want the cryptocurrency platform to appear inside your Online Banking (OLB) or mobile App, come in to opt-out. Note, if you Opt Out of the (Self-Directed) Investment Portal, you will also Opt Out of Digital Assets (Crypto) Investments.

If you would like to engage with the cryptocurrency platform at a later date, please contact our call center for instructions on how to enable the cryptocurrency platform for your account.

This is for MEMBERS ONLY as they will be able to access the link in both their It’sMe247 online banking and in OcalaCCU App.  Members that choose to conduct these Crypto Investments are doing so at their own risk.  This differs from the Stock Markets as this is available LIVE to members 24/7.

Yes, however if depositing a check there will be 7 days hold for the first 30days of joining OCCU.

Ocala Community Credit Union is equipped with additional tools to help answer your questions and has resources available to get additional support if answers are not immediately available. That being said, we will not be able to offer financial advice or reverse or modify any transaction already completed.  Any questions for Crypto can be address by calling (877)798-4609.